After a six-year bull market run,
the U.S. equity market was mixed
for 2015, despite a positive fourth
quarter. Large cap stocks eked
out a gain of 1.4% on the year, but
small caps lost 4.4%.
International equities in the
developed world declined 0.8%,
while emerging market stocks
plunged 17%, in large part due to
the strength of the dollar.
Although stocks ended mostly
flat, much change took place
throughout the year. The S&P
500 hit an all-time record in May,
only to see those gains evaporate
in August and September as a
sharp market correction ensued.
Stocks bounced back in October,
but trailed off as the year came
to a close. The rising dollar,
Federal Reserve actions (or
inactions), continuing issues
in China, and plummeting oil
prices all contributed to the
Click here to read the rest of the newsletter.